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Oct 1, 2012
10/12
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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the last six months the romney campaign said this is a referendum on barack obama's record and now you are saying it is a choice. >> it is not a change in strategy. a phase of the campaign we now entered into. i think it is important. the president is trying to paper over his problems and has been trying to mislead and distort the record. it is a failed record. we think it was very important to point that out. look at unemployment. look at our poverty rates and the 23 million people struggling for work. now, at this phase of the campaign we think it is critical that people understand it doesn't have to be this
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the...
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Sep 27, 2012
09/12
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MSNBC
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economy is growing at a slower pace than previously thought. let's get to the market rundown. becky, what are the markets going to see in they have known the economy is growing slowly. >> they have. it loo like we'll open higher today by quite a bi s lhe d futures up by 75 points at this moment. we were already looking at positive numbers even before we got the data that came out. part of that is bounceback because s&p is down for five days in a row so people are looking at this as let's slow down for a moment and reassess. we got numbers outt 8: ited picture. jobless claims is the most important. that's what the market is focusing on. that number did come in better than expected. 359,000. consensus estimate was 375,000. it's belo 385 we saw last we leds g. you see a drop in firing. not a surge in hiring but firing islowing down and we'll take whatever we can get on the jobs picture. when it came to durable goods though, this was a big shocker. at huge miss because .2%. they were only looking for a drop of 5%. a lot of weird numbers can go into this. part of this is nondefense
economy is growing at a slower pace than previously thought. let's get to the market rundown. becky, what are the markets going to see in they have known the economy is growing slowly. >> they have. it loo like we'll open higher today by quite a bi s lhe d futures up by 75 points at this moment. we were already looking at positive numbers even before we got the data that came out. part of that is bounceback because s&p is down for five days in a row so people are looking at this as...
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Oct 1, 2012
10/12
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MSNBC
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including job approval rating, romney favorability, and who wins on the economy. in three states, the president had a job approval rating of 49 or above. romney's unfavorable rating was higher than his favorable rating, and the president led romney on the economy. in three of those stays, iowa, ohio, new hampshire. just one state did you have the president's job approval rating 48% or over and romney winning on the issue of the economy. that's north carolina. if you look at it that way and go to the map to 270, what does that mean, and you put those four states into the respective categories, and look at. this the president for suur sho. romney a long way to go has to sweep the rest. there are five left in the background. florida, virginia, wisconsin, colorado, nevada. this is where if romney does do what chris christie said he will do, the first place you'll see it are in the five states that are left. >> ralph reed, that's a lot of movement that has to take place to overcome where the campaign is. yet you heard chris christie say it this morning on the program,
including job approval rating, romney favorability, and who wins on the economy. in three states, the president had a job approval rating of 49 or above. romney's unfavorable rating was higher than his favorable rating, and the president led romney on the economy. in three of those stays, iowa, ohio, new hampshire. just one state did you have the president's job approval rating 48% or over and romney winning on the issue of the economy. that's north carolina. if you look at it that way and go...
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Sep 27, 2012
09/12
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CNNW
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billionin the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think tee' long got to think long term. ♪ how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! ♪ na, na-na, na [ men ] ♪ hey, hey, hey ♪ goodbye [ flushing ] ♪ [ woman ] ♪ na, na-na, na [ men ] ♪ hey, hey, he ♪good-bye [ male announcer ] with kohler's powerful, high-efficiency toilets. f
billionin the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think tee' long got to think long term. ♪ how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your...
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Sep 30, 2012
09/12
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WBAL
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> we are back with our political roundtable. joining me, anchor of bbc's "world news america" katty kay. chuck todd. the founder and chairman of the faith and freedom coalition ralph reed. and the former democratic governor of pennsylvania ed rendell. welcome to all of you. so much to get to in this campaign. the big debate starting here, chuck, on wednesday. but you're looking at the map, and that's what the romney campaign is looking at as they look to restart this campaign. >> nine background statement states. here they are. one of them we have moved into the obama category. but we have polled in all of them over the last coup
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> we are back with our political roundtable. joining me,...
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Sep 30, 2012
09/12
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about what he wants to do on the economy. how we're going to build an economy focused on the middle class, that's what we've done through the campaign. day after day. just trying to explain to people where we've been, where we need to go, how it contrasts with our opponent. he thinks it's a clear choice for the middle class of this country. >> is this race over? >> absolutely not. >> you don't look like a guy who thinks they're going to come back and tie it in ohio? >> 3:00 i wasn't sleeping, because you worry about anything. first all there's benefit about going through this before. ups and downs, we know the news media is anxious to write the romney recovery and comeback story. we understand that first of all we're not going to win battleground states by 10, 12 points, this race is going to tighten. we've built the presidential campaign with the belief it's going to come down to a few votes in a few states, so this race is going to tighten. we've got the edge in a few battleground states and the election is happening right
about what he wants to do on the economy. how we're going to build an economy focused on the middle class, that's what we've done through the campaign. day after day. just trying to explain to people where we've been, where we need to go, how it contrasts with our opponent. he thinks it's a clear choice for the middle class of this country. >> is this race over? >> absolutely not. >> you don't look like a guy who thinks they're going to come back and tie it in ohio? >>...
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Oct 3, 2012
10/12
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FOXNEWS
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handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the person with the ability and the stronger plan for the economy. because this is not an economy that people find to their liking. not agreeable to people. that is where romney needs to be strong. >> bret: chuck, their target audience tonight? >> maybe state of ohio. i really mean that. without ohio, romney, most scenarios just can't win. he is going to have to come up with a message that tips ohio his way, and doesn't leigh out or ail yep nate anyone else -- alienate anyone else. he does seem to be trailing by a significant m
handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the...
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Sep 28, 2012
09/12
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CNNW
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. ♪ [ male announcer ] its lightweight construction makes it nimble... ♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced haldex all-wheel drive. [ engine revving ] it's bringing the future forward. thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics, put it on my spark card. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] >>> we have a
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. ♪ [ male announcer ] its lightweight construction makes it nimble... ♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced haldex all-wheel drive. [ engine revving ]...
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Sep 28, 2012
09/12
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WRC
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. >> growing our economy begins with a strong and thrivin middle class. >> reporter: while mitt romney talked with veterans about looming cuts to the military in the northern part of the state. >> 136,000 jobs will be lost in virginia as a result of this move. >> reporter: the candidates will spend time this weekend preparing for next week's debate, ahead of the face-off in denver, both campaigns seem to be trying to lower expectations. >> we are looking forward to the debates, as you know. there have been difficulties and you have to give the president credit for the campaign they're running. >> reporter: romney's staff issued a talking points memo telling surrogates to point out how well president obama has done in past debates. >> as president i'm going to have to make some tough decisions. >> reporter: the obama campaign issued a statement pointing out that the president hasn't debated since 2008. >> 10,000 bucks. >> reporter: while governor romney got practice in during primaries. obama campaign spokesman says the worst case scenario is if the president falls off the stage. and a
. >> growing our economy begins with a strong and thrivin middle class. >> reporter: while mitt romney talked with veterans about looming cuts to the military in the northern part of the state. >> 136,000 jobs will be lost in virginia as a result of this move. >> reporter: the candidates will spend time this weekend preparing for next week's debate, ahead of the face-off in denver, both campaigns seem to be trying to lower expectations. >> we are looking forward to...
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Oct 1, 2012
10/12
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and the confidence in the economy and the president's ability in the economy has been surging. >> the media... >> chris: we will not focus on media bias any longer, we'll talk about issues and take a break here and when we come back... the terror attack that killed four americans in libya. there are growing questions about what the president knew and when he knew it. ♪ while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the
and the confidence in the economy and the president's ability in the economy has been surging. >> the media... >> chris: we will not focus on media bias any longer, we'll talk about issues and take a break here and when we come back... the terror attack that killed four americans in libya. there are growing questions about what the president knew and when he knew it. ♪ while energy development comes with some risk, north america's natural gas producers are committed to safely and...
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Sep 27, 2012
09/12
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i think now, people have moved back to the economy a little bit. i don't know that people are foe cutting on this as much. >> richard, there's going to be on october 22nd the third debate focused on foreign policy and you can bet the republicans will use this against the president, perhaps we'll have more detailed. how much has he been weakened by the benghazi attack? >> not hugely, to be honest because he struck, as lois said a dignified tone, the president's response was what you expect from the head of state, from national leader. you know, this is a -- clearly an incredibly messy situation, events were messy, libya has no central government that has effective control over its territory. argue that gadhafi didn't either. in a chaotic situation, it's natural that it takes time for the facts to emerge. you're also talking about a number of different splinter groups at work here. and, by the way, remarkable demonstrations that actually were riots in and of themselves pro-american and anti-militia led to the deaths of some of the militia members, as
i think now, people have moved back to the economy a little bit. i don't know that people are foe cutting on this as much. >> richard, there's going to be on october 22nd the third debate focused on foreign policy and you can bet the republicans will use this against the president, perhaps we'll have more detailed. how much has he been weakened by the benghazi attack? >> not hugely, to be honest because he struck, as lois said a dignified tone, the president's response was what you...
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Oct 2, 2012
10/12
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but they will come at him on the economy. what is the response going to be? >> well look, i think the president -- the response obviously is two fold. let's talk about where we've come from, losing 800,000 jobs a month to 30 plus months of positive private sector job growth, added 5 million jobs, you know, since we hit the bottom and -- but i think what's most important and voters want to hear is what you going to do as president going forward and i think the president will be anxious to talk about bringing manufacturing jobs back from overseas and putting americans back to work, improving our educational system, recruiting and training math and science teachers to get our children prepared for those important jobs. >> those are goals. those are goals and mitt romney has goals. but when are -- >> no, no andrea -- >> specific. >> it is not a goal to end tax breaks for companies that move jobs overseas and incentivize them to come back and create a million jobs in manufacturingp. we've seen the greatest increase in manufacturing jobs in more than 20 years under
but they will come at him on the economy. what is the response going to be? >> well look, i think the president -- the response obviously is two fold. let's talk about where we've come from, losing 800,000 jobs a month to 30 plus months of positive private sector job growth, added 5 million jobs, you know, since we hit the bottom and -- but i think what's most important and voters want to hear is what you going to do as president going forward and i think the president will be anxious to...
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Sep 28, 2012
09/12
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CNN
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nuclear age has gotten to the point now where we have harsh, harsh sanctions hurting the people, the economy, everyone. probably not the regime so much. >> not as tough as they should, at least from our reporting. if you were really trying to shut things down. >> well, they're not that lenient. i think people find a way to get around. >> leaky. >> sorry. but i think that right now, with these sanctions, iran would like to come kind of f agreement with the west, but they want sanctions lifted, or at least some. so far, that hasn't happened. i think it's an election year. given there's not going to be an israeli strike at some -- we're going to a new, a re-elected or new president. >> if there is to be an israeli strike with or without u.s. support, it's going to be after the election. that's crucial. our third story, benghazi gate. that's what our guest says the united states is facing in libya. there is a deep disconnect in washington over what happened the nikt ambassador chris stevens was killed. today, leon panetta stepped in to the fray, finally using the t word. >> the reason i think pr
nuclear age has gotten to the point now where we have harsh, harsh sanctions hurting the people, the economy, everyone. probably not the regime so much. >> not as tough as they should, at least from our reporting. if you were really trying to shut things down. >> well, they're not that lenient. i think people find a way to get around. >> leaky. >> sorry. but i think that right now, with these sanctions, iran would like to come kind of f agreement with the west, but they...
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Sep 28, 2012
09/12
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KPIX
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. >> growing our economy begins with a strong and thriving middle class. >> reporter: while mitt romney talked with veterans about looming cuts to the military in the northern part of the state. >> 136,000 jobs will be lost in virginia as a result of this move. >> reporter: the candidates will spend time this weekend preparing for next week's debate, ahead of the face-off in denver, both campaigns seem to be trying to lower expectations. >> we are looking forward to the debates, as you know. there have been difficulties and you have to give the president credit for the campaign they're running. >> reporter: romney's staff issued a talking points memo telling surrogates to point out how well president obama has done in past debates. >> as president i'm going to have to make some tough decisions. >> reporter: the obama campaign issued a statement pointing out that the president hasn't debated since 2008. >> 10,000 bucks. >> reporter: while governor romney got practice in during the primaries. obama campaign spokesman says the worst case scenario is if the president falls off the stage. an
. >> growing our economy begins with a strong and thriving middle class. >> reporter: while mitt romney talked with veterans about looming cuts to the military in the northern part of the state. >> 136,000 jobs will be lost in virginia as a result of this move. >> reporter: the candidates will spend time this weekend preparing for next week's debate, ahead of the face-off in denver, both campaigns seem to be trying to lower expectations. >> we are looking forward...
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Sep 29, 2012
09/12
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MSNBC
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but there still is this fragile recovery to the economy. gdp numbers, it's growing at a slow rate of 1.3%. and the main reason why, alex, is because of the drought from last summer. >> right. we knew that was going to stick around. we were in real trouble with that. what about the mix of news regarding new home construction and sales? >> some of these sales numbers were actually lower than they expected. they came in about 0.3% lower. so they were expecting new single family home sales to come in at 380,000. they came in at 373,000. >> off a little. >> off a little. but prices are increasing. the median price for a house is $256,000. so price is actually increasing there. >> yeah. but the housing market improved slightly, home improvement sales, that i hear is going through the roof. right? people are spending money now. >> the prices are increasing. people want to improve their homes. so those -- those sales a through the roof. online especially for home retailers. that's even -- that is better than back-to-school sales for september. and
but there still is this fragile recovery to the economy. gdp numbers, it's growing at a slow rate of 1.3%. and the main reason why, alex, is because of the drought from last summer. >> right. we knew that was going to stick around. we were in real trouble with that. what about the mix of news regarding new home construction and sales? >> some of these sales numbers were actually lower than they expected. they came in about 0.3% lower. so they were expecting new single family home...
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Sep 29, 2012
09/12
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the iranian economy is in crisis and high inflation and money has been choked off by sanctions and many iranians are embarrassed. is he becoming irrelevant now that he is really a in the last nine months of his presidency? his leadership there? >> you know, deb, i think that's a good question. i think we as americans, we think iran and we think ahmadinejad. you know, it has always been the case that in the iranian system, it's not the president, it's the supreme leader who calls the shots. now, ahmadinejad over eight years has come, you know, risen and gone down and risen and gone down in terms of his power, but, you're right to say that he's a lame duck and they have a presidential election in june and he's down to his last, you know, little more than six months and beyond that, beyond that, within the last two years, he and his inner circle have come under increased pressure and even rumors he might be arrested or those around him arrested. his power has declined and it has always been about the supreme leader. i think he still has some residual influence because he's the president, b
the iranian economy is in crisis and high inflation and money has been choked off by sanctions and many iranians are embarrassed. is he becoming irrelevant now that he is really a in the last nine months of his presidency? his leadership there? >> you know, deb, i think that's a good question. i think we as americans, we think iran and we think ahmadinejad. you know, it has always been the case that in the iranian system, it's not the president, it's the supreme leader who calls the...
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Sep 29, 2012
09/12
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WETA
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survey out and much more bearish in terms of the economy than consumers. and they are much more tuned in to the possibility that taxes will go up and federal spending will go away if they can't fix the fiscal cliff. i doubt it will be that big of an issue in most voters' minds. somewhere here in missouri or ohio is going to have a hard time connecting those dots. gwen: what is going to happen next, because we are at the edge of our seats. all of these questions that we keep raising, all of these unanswered, what's going to affect the outcome question and are the polls telling us where america is, might begin to be answered at the debate? are we raising expectations too high? >> the base is a great institution. i'm glad we have them structured the way they are. there is a question about how much they can move, as jeff said, a lot of people have already voted. i will say this, i do think this notion that barack obama is a master debater may not be quite right. his best formatis speaking to a large crowd from a microphone. both of them are smart and well prep
survey out and much more bearish in terms of the economy than consumers. and they are much more tuned in to the possibility that taxes will go up and federal spending will go away if they can't fix the fiscal cliff. i doubt it will be that big of an issue in most voters' minds. somewhere here in missouri or ohio is going to have a hard time connecting those dots. gwen: what is going to happen next, because we are at the edge of our seats. all of these questions that we keep raising, all of...
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Sep 30, 2012
09/12
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FOXNEWS
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economy the sour. he has to recapture that and explain to the american people why they should waited longer for hope and change. >> jamie: what do you think is the most critical question that each of them has to be asked and answered? >> for mitt romney, think it's going to be, do you have a plan that is going to be any better than what we have now? how specifically will you get the economy moving and jobs created? it's one thing to criticize the president but what are you going to do. for the president, all the economic advisors said it was going to be better now. what miscalculations were made. the president's speech in charlotte wasn't specific. what specifically is going to second term going to be different. >> jamie: it was pretty safe bet the question of foreign policy would be answered by president obama with discussions of getting bin laden and beginning to withdraw troops. the fact that we have not had a major attack here on our soil. when it comes to that what about libya and impact on the pr
economy the sour. he has to recapture that and explain to the american people why they should waited longer for hope and change. >> jamie: what do you think is the most critical question that each of them has to be asked and answered? >> for mitt romney, think it's going to be, do you have a plan that is going to be any better than what we have now? how specifically will you get the economy moving and jobs created? it's one thing to criticize the president but what are you going to...
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Sep 30, 2012
09/12
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FOXNEWS
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we'v8% every 10 years.age 40, lwe can start losing muscle -- we've got to think long term. wow. wow. but you can help fight muscle loss with exercise and ensure muscle health. i've got revigor. what's revigor? it's the amino acid metabolite, hmb to help rebuild muscle and strength naturally lost over time. [ female announcer ] ensure muscle health has revigor and protein to help protect, preserve, and promote muscle health. keeps you from getting soft. [ major nutrition ] ensure. nutrition in charge! [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >>>ite bret baier, within the last two minutes, state department announced it is temporarily withdrawing more staff from the embassy in libya. they are cit
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we'v8% every 10 years.age 40, lwe can start losing muscle -- we've got to think long term. wow. wow. but you can help fight muscle loss with exercise and ensure muscle health. i've got revigor. what's revigor? it's the amino acid metabolite, hmb to help rebuild muscle and strength naturally lost over time. [ female announcer ] ensure muscle health...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as much. lou: they don't care about as much. those folks down in new orleans, implying because they're black. that the federal government, the rest of us, apparently, did not care about the folks in the once in 2005. that, of course, then senator barack obama talking on the fifth of june. in 2007, that video obviously very, very well documented. the current president's view before a mostly black audience of ministers that the country just doesn't care as much about our black citizens as we do other citizens, specifically knew well as residents. what i wanted to do tonight is but
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as...
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Oct 3, 2012
10/12
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KPIX
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economy got a boost from car sales. they keep just rolling along, automakers sold 1.2 million vehicles in september a 13% gain from the same month a year ago. general motors said its sales rose 1.5% its highest for september sales in four years. the dow fell 32 points to close at 13,400. the nasdaq rose 6.5 points. another boost to the u.s. economy from home sales. market researcher says prices were up 4.6% in august from a year ago. that is the largest year-over-year gain in six years. august was also the sixth month in a row that home prices were up on a month over month basis. and there might be an app for just about anything but there's not one that can make your iphone bullet proof. you'll need a case for that. a japanese company claims it's 4.5 pound case can stand up to a gunshot. it was put to the test. the man fired a bullet at the case and it held up. the problem is the phone cracked after the gunshot sent it tumbling into some rocks. it sells for $665. now i know what to get you for christmas. >> i want that.
economy got a boost from car sales. they keep just rolling along, automakers sold 1.2 million vehicles in september a 13% gain from the same month a year ago. general motors said its sales rose 1.5% its highest for september sales in four years. the dow fell 32 points to close at 13,400. the nasdaq rose 6.5 points. another boost to the u.s. economy from home sales. market researcher says prices were up 4.6% in august from a year ago. that is the largest year-over-year gain in six years. august...
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do we want a dynamic, growing economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with the ability to pass anything of his choosing. he did that. remember the stimulus? remember the idea that if we borrow $831 billion and spend it on pet projects and interest groups, they said unemployment would never reach 8%. we would be growing at 4% a year right now. unemployment has been above 8% for 43 months. our economy last quarter stalled at 1.3%. what is worse for all of these promises about cutting the deficit, growing the economy, bringing people together in a bipartisan fashion -- i will not even get into the oceans and tides. [laughter] i have heard that one. all of these promises were made. the idea of how been changed. it sounded good. -- th
do we want a dynamic, growing economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with the ability to pass anything of his choosing. he did that....
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that's not a way to build the economy. it's a way to build the economy if you're mitt romney and you want to do it from the top down, but not from the middle out. that's what this debate will be about tomorrow. >> i want to move on. how would you have phrased that one line? what would have been a better way to say it? >> well, look, i'm not going to parse the words of the vice president. i thought it was very clear. i don't think anybody misunderstood what he was talking about. look, the romney campaign is at a point where they true to seize on one syllable or one inflection point to try to make things into this gaffe or that gaffe. i'm happy to have this debate. >> well, robert, we will move on, but you know that both sides pick at that game, picking at every word and every syllable to pick up a gaffe and put out a press release out about it. >> it's been an gold medal olympic sport. >> good one. mitt romney, he may have given us a little preview of what he'll be saying in the debate tomorrow. listen to what he had to say
that's not a way to build the economy. it's a way to build the economy if you're mitt romney and you want to do it from the top down, but not from the middle out. that's what this debate will be about tomorrow. >> i want to move on. how would you have phrased that one line? what would have been a better way to say it? >> well, look, i'm not going to parse the words of the vice president. i thought it was very clear. i don't think anybody misunderstood what he was talking about....
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Sep 27, 2012
09/12
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i think that stall speed for america's economy. less consumer spending, less business investment, in the april through june quarter. i've got another number for you that also confirms a very weak economy. durable goods orders, big-ticket items like cars, trucks machinery, and planes, down 13.2% in the latest period. that's the lowest order book for factories all the way back to twine. so when you add it all up, we're at stall speed. feels like we're going into recession and to a majority of people, it feels like we are in a recession already. very rough numbers today, martha. martha: indeed they are. and as you point out, sort of how people feel about the economy is, i always say a very individual experience, you know. but when you look at these numbers it spell as pretty tough scenario for growth in the united states of america. 1.3 is a paltry number in terms of growth. let's talk a little bit about the unemployment number. every thursday we get the weekly read on that. what is your take on that one? >> we are down. last week 385
i think that stall speed for america's economy. less consumer spending, less business investment, in the april through june quarter. i've got another number for you that also confirms a very weak economy. durable goods orders, big-ticket items like cars, trucks machinery, and planes, down 13.2% in the latest period. that's the lowest order book for factories all the way back to twine. so when you add it all up, we're at stall speed. feels like we're going into recession and to a majority of...